Country comparison Latvia vs Singapore

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Gouvernement
Qu. GDP Per Capita [+]2024Q45,598K
Annual GDP [+]2024€40,208Mchart€463,607M2023Annual GDP [+]
Annual GDP [+]2024$43,521Mchart$501,428M2023Annual GDP [+]
GDP per capita [+]2024€21,610chart€78,3432023GDP per capita [+]
GDP per capita [+]2024$23,250chart$84,7342023GDP per capita [+]
Quarterly GDP [+]2024Q4€10,479M
Debt (M.€.) [+]202317,579chart821,3162023Debt (M.€.) [+]
Debt ($M) [+]202319,015chart888,3192023Debt ($M) [+]
Debt (%GDP) [+]202345.00%chart174.84%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€9,391chart€138,7832023Debt Per Capita [+]
Debt Per Capita [+]2023$10,158chart$150,1052023Debt Per Capita [+]
Deficit (M.€) [+]2023-932chart16,3562023Deficit (M.€) [+]
Deficit ($M) [+]2023-1,539chart17,6902023Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.40%chart3.48%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202317,187.3chart71,246.62023Expenditure (M.€) [+]
Expenditure ($M) [+]202318,349.2chart77,058.92023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,814.3chart11,299.82022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,820.5chart10,804.72022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.65%chart2.39%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,043,247,000.0chart13,131.52022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,209,362,981.1chart13,822.32022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202212.06%chart18.12%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2023892.8chart12,325.82023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2023965.3chart13,331.32023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20235.63%chart18.03%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202344.00%chart15.17%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€9,182chart€12,0392023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$9,803chart$13,0212023Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€963chart€2,0052022Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,172chart$2,1132022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€1,085chart€2,3242022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,173chart$2,4462022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€475chart€2,0832023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2023$526chart$2,2532023Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Aaa05/27/2024Moody's Rating [+]
S&P Rating [+]05/31/2024AAAA03/06/1995S&P Rating [+]
Fitch Rating [+]04/10/2020A-AAA08/23/2019Fitch Rating [+]
Corruption Index [+]202360chart832023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart1º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart25.42024Fragile States Index [+]
RTI Raking [+]2024107º
Innovation Ranking [+]202442ºchart4º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20256.9%
Unemployment rate [+]2024Q46.9%chart2.4%2023Q4Unemployment rate [+]
Unemployed [+]2024Q464Kchart59K2023Q4Unemployed [+]
NMW [+]2025$768.8
NMW [+]2025€740.0
Average Wage [+]2023$20,067
Average Wage [+]2023€18,559
Human Capital Ranking [+]201728ºchart11º2017Human Capital Ranking [+]
Markets
1.452603/19/2025Euro / Singapore dollars [+]
US Dollar exchange rate [+]03/19/20250.9177chart1.331403/19/2025US Dollar exchange rate [+]
Stock ExchangeYTD % [+]03/20/20251.86%chart3.19%03/19/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20253.7%
HICP [+]February 20253.7%
PPI Year on Year [+]January 2025-4.2%
Money Market
Key rates [+]03/12/20252.65%
Business
Doing Business [+]202019ºchart2º2020Doing Business [+]
IPI Year on Year [+]January 20250.5%
Passengers vehicles Year [+]December 202433,318chart76,476December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart15.94December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart146.952015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202333.2%chart12.1%2022Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart7.00%01/01/2008Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart22.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart5,344,0002022Annual arrivals [+]
Exports [+]2024€18,992.7Mchart€440,443.5M2023Exports [+]
Exports [+]2024$20,472.4Mchart$476,251.5M2023Exports [+]
Exports % GDP [+]202447.04%chart95.00%2023Exports % GDP [+]
Imports [+]2024€21,910.3Mchart€391,610.0M2023Imports [+]
Imports [+]2024$23,710.0Mchart$423,447.9M2023Imports [+]
Imports % GDP [+]202454.48%chart84.47%2023Imports % GDP [+]
Trade balance [+]2024€-2,917.6Mchart€48,833.5M2023Trade balance [+]
Trade balance [+]2024$-3,237.6Mchart$52,803.6M2023Trade balance [+]
Trade balance % GDP [+]2024-7.44%chart10.53%2023Trade balance % GDP [+]
Retail Sales YoY [+]March 20252.4%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202329chart8,1292023Density [+]
Global Peace Ranking [+]202430ºchart5º2024Global Peace Ranking [+]
Crude divorce rate [+]20222.90‰
Remittance received ($M) [+]20171,090.0
% Immigrant [+]202012.65%chart44.38%2020% Immigrant [+]
% Emigrant [+]202020.07%chart6.13%2020% Emigrant [+]
Birth Rate [+]20237.70‰chart7.90‰2022Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart6,176.22017Remittance sent ($M) [+]
Crude death rate [+]202314.90‰chart6.30‰2022Crude death rate [+]
Fertility Rate [+]20231.36chart1.042022Fertility Rate [+]
Crude marriage rate [+]20226.30‰
% risk of poverty [+]202421.6%
Population [+]20231,871,882chart5,918,0002023Population [+]
Immigrant stock [+]2020239,422chart2,523,6482020Immigrant stock [+]
Emigrant stock [+]2020380,010chart348,4642020Emigrant stock [+]
HDI [+]20220.879chart0.9492022HDI [+]
Gender Gap Ranking [+]202430ºchart48º2024Gender Gap Ranking [+]
Life expectancy [+]202375.60chart82.902022Life expectancy [+]
Suicides [+]2022226chart5552015Suicides [+]
Suicide rate [+]202212.00chart10.032015Suicide rate [+]
Number of homicides [+]202347chart42023Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart0.072023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart9.382023CO2 Tons per capita [+]
Consumption GWh [+]20236,822chart56,6722023Consumption GWh [+]
Generation GWh [+]20236,360chart56,8412023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20247,475chart2,02408/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024977,765chart3,006,15508/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart5,120,96901/31/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20243,993.31chart342.0108/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]07/11/20222,895,716chart14,727,56910/25/2022Doses administered [+]
Latvia
Singapore